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    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
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August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.
August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
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Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
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Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
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Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.

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Customs, DGFT & SEZ

Proposal Under Modified Industrial Infrastructure Upgradation Scheme

August 8, 2014

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The Salient features of MIIUS are as under:-

1.  Central assistance upto 50% (for North Eastern Region upto 80%) of project cost with ceiling of ₹ 50 crore, limiting sanction upto two projects per State;

2.  Project implementation by State Implementation Agency (SIA) such as, State Industrial Development Corporation with minimum mandatory contribution of 25% of the project cost (10% in case of North Eastern Region);

3. Projects are to be sanctioned to upgrade infrastructure in Industrial Estates/Parks/Areas. Greenfield projects could be supported in backward areas, including North Eastern Region (NER);

4. Release of GoI grant (in 3 Installments viz. 30%, 40% and 30%) subject to upfront other    Stakeholders’ contribution;

5.  Central grant for physical infrastructure is restricted to 25% of the grant subject to a ceiling of ₹ 12.5 crore.

The details of project proposals received and approved under MIIUS along with the funds allocated state-wise/UT-wise is given at Annexure-I.  As the projects under MIIUS have been accorded ‘in-principle’ approval; only funds have been allocated to the projects and so far have not been released or utilized. A list of project proposals received but not approved is given in Annexure-II.

Two project proposals under MIIUS were received from the state of Madhya Pradesh and both the proposals have been accorded ‘in-principle’ approval. However, there are a few proposals received after the cut-off date which are still under evaluation by Project Management Agency viz. National Productivity Council (NPC). The details of such proposals are given in Annexure-III.

The Project Management Agency appointed by this Department has been asked to expedite evaluation.

Annexure I

The Annexure - I referred to in reply to part (b) of the Lok Sabha Unstarred Question No. 4388 for answer on 8th August 2014 regarding ‘Proposal under MIIUS’

List of project proposals received and accorded ‘in-principle’ approval

S. No.

Name of the Project

State

Allocated Central Grant (Rs. Crore)

1

Industrial Area  Zuangtui, Aizawl

Mizoram

15.22

2

Bodhjungnagar Industrial Area

Tripura

41.90

3

Industrial Growth Centre, Urla, Distt. Raipur

Chhattisgarh

12.15

4

Sirgitti Engineering Cluster

Chhattisgarh

8.32

5

Industrial Infra Upgradation of IMT Manesar

Haryana

29.27

6

Industrial Infra Upgradation at IMT, Bawal

Haryana

29.27

7

Industrial Area, Kandrauri

HP

26.97

8

Industrial Area, Pandoga

HP

33.46

9

SIDCO, Industrial Growth Centre, Samba

J &K

7.45

10

Industrial Estate, Kathua

J &K

12.91

11

Devipur Industrial Area

Jharkhand

27.36

12

Tupundana Industrial Area, Ranchi

Jharkhand

8.11

13

Furniture Hub at Ernakulam

Kerala

45.44

14

Kolhar Industrial Area, Bidar

Karnataka

48.36

15

Bangalore Aerospace Park, Devenhalli

Karnataka

47.43

16

Industrial Area, Sitapur

MP

12.75

17

Industrial Area, Ujjaini

MP

12.08

18

Angul Aluminium Park

Orissa

43.01

19

Punjab Small Industries and Export Corporation Ltd. (PSIEC) Estate, Patiala 

Punjab

16.58

20

Paddy Processing Cluster, Ranga Reddy

Telangana

45.29

Annexure II

The Annexure - II referred to in reply to part (b) of Lok Sabha Unstarred Question No. 4388 for answer on 8th August 2014 regarding ‘proposal under MIIUS’

List of project proposals received but not approved

Sl. No.

Name of the project

State

1.

Powerloom Cluster at Manpur (Gaya)

Bihar

2.

Industrial Growth Centre Bhilai, Distt. Durg.

Chhattisgarh

3.

Kittur Industrial Area, Bailahongal Taluk, Belgaum

Karnataka

4.

Maholbhagyath Aliyabad Industrial Area, Bijapur

Karnataka

5.

Vasantanarasapura Industrial Area,  Tumkur

Karnataka

6.

Bommasandra Industial  Area , Anekal

Karnataka

7.

Kinfra Industrial Park, Ottapalam

Kerala

8.

Namkum Industrial Area, Ranchi

Jharkhand

9.

Kokar Industrial Area, Ranchi

Jharkhand

10.

Tatisilwai Industrial Area, Ranchi

Jharkhand

11.

Inchalkaranji and Peripheral Indust. Infra. Dev. Cluster Ltd. Distt: Kolhapur

Maharashtra

Annexure III

The Annexure - III referred to  in reply to parts (c) & (d) of Lok Sabha Unstarred Question No. 4388 for Answer on 8th August 2014 regarding ‘Proposal under MIIUS’

 List of project proposals which are still under evaluation along with reasons for pendency

Sl. No.

Name of the project

State

 Proposed Central Grant (Rs. Crore)

Reasons for Pendency

1.

Pashamylaran Industrial Area, Medak

Telengana

30.51

The State Implementing Agency (SIA) revised their project proposal and the same has been evaluated by PMA; the proposal is under consideration in the Department.

 

2.

Textile park at Addl. Amravati Industrial Area            

Maharashtra

33.55

These proposals were received after the cut-off date prescribed by this Department and therefore, could not be considered along with the proposals received on or before the due date. These are being evaluated by PMA for further consideration by the Department.

3.

Tarapur Industrial Area

Maharashtra

12.50

 

4.

Rajiv Gandhi Info Tech Park

Maharashtra

12.50

 

5.

Tamilnadu         Chamber Linkage Infra Ltd., Madurai (Convention      and Centre at Madurai)

Tamil Nadu

44.05

6.

Engineering Industry Cluster ( SIPCOT)

Tamil Nadu

60.00

7.

Chemical park under MIIUS at Howrah

West Bengal

Not mentioned

 

The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

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